Diversified Healthcare Trust (NASDAQ:DHC) traded at $4.43 at last check on Tuesday, Jun 30, making an upward move of 0.57% on its previous day’s price.
Looking at the stock we see that its previous close was $4.4 and the beta (5Y monthly) reads 0.91 with the day’s price range being $4.3122 – 4.5000. In terms of its 52-week price range, DHC has a high of $10.21 and a low of $2. The company’s stock has gained about 24.65% over that past 30 days.
Diversified has a market cap of $1.05 Billion and is expected to release its quarterly earnings report in July. With its Forward Dividend at 0.46 and a yield of 10.45%, the company’s investors could be anxious for the DHC stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$0.16, with the EPS growth for the year declined at -$0.52 for 2020 and -$0.49 for next year. These figures represent 0.41% and at -0.06% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $419.94 Million, with a low of $411.32 Million and a high of $426.4 Million. The median projection represents growth adding up to 63.7% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $1.67 Billion, or +60.2% up from figures reported last year.
On the other hand, looking at the outlook for the DHC stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 7 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Diversified Healthcare Trust (DHC) stock as a Hold, while 1 rate it as a Buy. None analysts rate it as outperform while 1 of them rated it as underperform, whereas 1 suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the DHC stock currently stands at 0, and the current price level is -6.84% off its SMA20 and 19.94% from its 50-day simple moving average. The RSI (14) is pointing at 52.6 while the volatility over the past week is 8.4% and jumps to 13.14% over the past one month. The beta value is 0.91, while the average true range (ATR) is currently pointing at 0.51. The average price target for the stock over the next 12 months is $3.85, with the estimates having a low of $2.5 and a high of $7. These price ends are -43.57% and +58.01% off the current price level respectively, although investors could be excited at the prospect of a -32.28% if the DHC share price touches on the median price of $3.
Let’s briefly compare Diversified (DHC) stock to its peers. We find that today’s price change of +0.57% and -43.16% over the past 12 months for DHC competes that of American Tower Corp (AMT), which has seen its stock price rise 1.87% in the latest trading session and is +27.8% over the last one year. Another of its peers Crown Castle International Corp (CCI) has climbed 3.11% today, and is +28.61% up over the past year, while Prologis Inc (PLD) is also up 0.57% yet its price remains in the red at -43.16% over the same period. American has a P/E ratio of 60.49 compared to Diversified’s 0 and Crown’s 94.65. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.85% and 1.54%, respectively, in early deals.
Coming back to Diversified Healthcare Trust (NASDAQ:DHC), we note that the average 3-month trading volume was 3.5 Million, while that of the preceding 10-day period stands at 2.31 Million. Current shares outstanding are 237.95 Million.
According to data from Thomson Reuters, insiders hold 1.29% of the company’s shares while institutions hold 71.38%. The data shows that short shares as of June 14, 2020, stood at 15.56 Million at a short ratio of 2.55. This represents a 6.54% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 6.66 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -45.65% down in year-to-date price movement.